A main purpose of unfair trade practice legislation is to

A. guarantee retailers some profit.
B. require some minimum percentage markup on cost.
C. prevent manufacturers from taking high markups.
D. permit different types of retail outlets to charge different retail prices.
E. eliminate price competition on manufacturers' brands.


Answer: B

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How does the text define a labor union?

a. an association of businesses that advances its collective interest by coordinating actions in a particular industry b. an association of employees that seeks to reduce the power of management through collective action c. an association of employees that advances its members interests through collective bargaining with an employer d. the collection of employees across a specific industry or trade, organized into a single organization

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Suppose you are among those who believe that the NLRA should be transformed. What arguments support the claim that a complete overhaul is necessary? What alternative models might be considered as a replacement for the NLRA model of exclusive representation?

What will be an ideal response?

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Which of the following is not a method used to set labor standards?

A) historical experience B) time studies C) predetermined time standards D) work sampling E) government laws and regulations

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Use the project described in the table to determine the total resources required for this project during week 1 if a worker is expected to devote half-time (four hours per day) to this project

Assume that the project work is conducted on a 5-day-per-week basis. Activity Duration Predecessor A 5 days -- B 4 days A C 5 days A D 6 days B E 6 days C, D F 6 days E A) 40 hours B) 20 hours C) 28 hours D) 36 hours

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